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* Free cash flow = OCF − net investing outflow (the filings carry no standalone capex line).
Dividends declared (per SOCE filings): FY2022 0 · FY2023 0 · FY2024 0
Georgian natural-gas distribution and supply company serving organisational/industrial customers.
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 41,350 | 49,885 | 65,681 | 79,592 | 112,350 | 117,604 | 121,820 | 139,474 | +19.0% |
| Total COGS | 4,007 | 3,849 | 12,565 | 22,980 | 54,334 | 53,872 | 34,363 | 39,938 | +38.9% |
| Gross Profit | 37,343 | 46,036 | 53,116 | 56,612 | 58,016 | 63,732 | 87,457 | 99,536 | +15.0% |
| Gross Margin | 90.3% | 92.3% | 80.9% | 71.1% | 51.6% | 54.2% | 71.8% | 71.4% | |
| 15,535 | 40,198 | 28,267 | 28,293 | 26,073 | 27,118 | 57,177 | 54,125 | +19.5% | |
| EBITDA | 21,808 | 5,838 | 24,849 | 28,319 | 31,943 | 36,614 | 30,280 | 45,411 | +11.0% |
| EBITDA Margin | 52.7% | 11.7% | 37.8% | 35.6% | 28.4% | 31.1% | 24.9% | 32.6% | |
| Total D&A | 4,807 | 5,342 | 14,615 | 13,265 | 11,748 | 12,330 | 16,243 | 18,126 | +20.9% |
| EBIT / Operating Income | 17,001 | 496 | 10,234 | 15,054 | 20,195 | 24,284 | 14,037 | 27,285 | +7.0% |
| Total Interest Expense | 1,239 | 6,529 | 11,861 | 12,490 | 8,374 | 4,470 | 14,565 | 17,059 | +45.4% |
| 29 | 623 | 467 | 291 | 41 | 175 | 451 | 82 | nmf | |
| Profit Before Tax | 15,733 | 6,656 | 2,094 | 2,273 | 11,780 | 19,639 | 77 | 10,308 | -5.9% |
| Total Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net Profit / (Loss) | 10,449 | 8,409 | 3,348 | 996 | 10,479 | 18,081 | 77 | 10,308 | -0.2% |
| Net Margin | 25.3% | 16.9% | 5.1% | 1.3% | 9.3% | 15.4% | 0.1% | 7.4% |
Shareholders, directors and group links from the companyinfo.ge public register — as filed, so stakes need not sum to 100% where a holding is undisclosed.
Ownership & directors from companyinfo.ge (public corporate registry).
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